BN03.1 - Vesting Schedule Use BN03.1 (Vesting Schedule) to define vesting schedules for defined contribution and defined benefit plans. A vesting schedule is a table that determines when a company's contributions become nonforfeitable to an employee. You assign vesting schedules to plans in the Vesting Compensation form tab in BN15.1 (Benefit Plan). If you change a vesting table, the changes reflect immediately since vesting calculates online in BN55.1 (CODA Account Balance), BN56.1 (Compensation History), BN57.1 (Vesting Hours) and in report form in BN237 (Vesting Listing). Updated Files CKPOINT - The Checkpoint file is the environment file used for recovery. VESTSCHDDT - The Benefit Plan Vesting Schedule file is accessed by this program. VESTSCHDHD - The Vesting Schedule Detail file is accessed by this program. Referenced Files BNCOMPANY - The Benefit Company Parameters file is used to verify company information. PLAN - The Benefit Plan file is used to verify benefit plans. PRSYSTEM - The HR Company and Process Levels file is used when payroll run flags are updated for mid-year or mid-cycle flex changes. |